Coins
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JUST
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2022-11-17

November 11 - November 17 price action review: JUST goes down by 9%.

The price of JUST was falling last from November 11 until November 17, giving enough reason to conclude that the market is bearish. JST was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The volatility has been suppressed, as the JUST price action suggests. The average volatility of 5% was the reason why the price of JST didn't put up any significant gains. The highest point of the coin's volatility reached 5.83% in the analyzed time frame. The price of the asset had fluctuated the least on November 15, when the volatility plummeted to 0.39%. Due to the fact that the crypto coin has been modestly volatile, the market is unlikely to demonstrate any aggressive price swings.

The bears were dictating the terms on the JUST market on November 11 - the trading session opened at $0.02. On November 11, the first trading session of the reviewed time period, the market participants saw JST moving down by 6%. On November 12 the coin market stayed neutral, with no changes in the price. During the next trading day, the rate of change in the price of JUST stood at 6% having reached the low at $0.021 and the high at $0.023 as the advantage remained on the side of sellers. JST ’s performance during November 14 was the following: the price declined by 5% in conjunction with the acceptable trading volume. After the open at $0.02, JUST moved during November 15 in the range between the said open and the close at $0.02, having posted the 24H low at $0.02 and the 24H high at $0.022. The crypto coin opened the trading session on November 16 at $0.02 and finalized it at $0.02; the highest point of price action was at $0.022, the lowest was detected at $0.021. The coin's market saw no changes on November 17, as the market flatlined. $0.02 was the bottom of price action for the week, though the price went to the high extreme at $0.02 over the same time period. Traders saw JUST covering the $0.002 distance between the weekly low and the weekly high, which constituted for a 9% move.

The past 7 days were marked by a change in average daily trading volume from $46 418 240 on November 11 to $25 585 208 on November 17. To understand a bigger picture, we need to match the numbers from last week with the week before that, when the JST market had its volume ranging between $35 544 242 and $69 807 041. The asset demonstrated an 42% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 9%.

The change in the total market capitalization of JUST from November 11 to November 17 was as follows: on November 11, the capitalization was at $214 540 934, while on November 17, it reached the level of $185 546 174. The percentage change in the total market capitalization of JST amounted to 14%. As a consequence of the 14% fluctuation in its market capitalization, the price of the coin changed by 9%. A better understanding of the lay of the land on the JUST market requires a comparison with the preceding week when the total market capitalization of JUST changed by 22% as it went from $247 727 025 to $214 540 934.

Price
Volatility
Capitalization
Volume
Fri 11Nov 13Tue 15Thu 17Fri 11Nov 13Tue 15Thu 170.02050.02100.02150.02200.02250.02050.02100.02150.02200.0225
Article date: November 17 | November 11 - 17

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